16,838 Shares in Dillard’s, Inc. (NYSE:DDS) Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new stake in shares of Dillard’s, Inc. (NYSE:DDS) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 16,838 shares of the company’s stock, valued at approximately $7,270,000. Proficio Capital Partners LLC owned approximately 0.11% of Dillard’s at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Metis Global Partners LLC grew its stake in Dillard’s by 25.0% during the 4th quarter. Metis Global Partners LLC now owns 911 shares of the company’s stock valued at $393,000 after acquiring an additional 182 shares in the last quarter. US Bancorp DE grew its stake in Dillard’s by 102.3% during the 4th quarter. US Bancorp DE now owns 261 shares of the company’s stock valued at $113,000 after acquiring an additional 132 shares in the last quarter. Bank OZK purchased a new position in Dillard’s during the 4th quarter valued at about $2,050,000. Fort Sheridan Advisors LLC grew its stake in Dillard’s by 29.9% during the 4th quarter. Fort Sheridan Advisors LLC now owns 4,420 shares of the company’s stock valued at $1,908,000 after acquiring an additional 1,018 shares in the last quarter. Finally, Versor Investments LP purchased a new position in Dillard’s during the 4th quarter valued at about $519,000. Hedge funds and other institutional investors own 67.15% of the company’s stock.

Insider Buying and Selling

In related news, VP Tom W. Bolin sold 300 shares of the business’s stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total value of $130,035.00. Following the completion of the sale, the vice president now directly owns 1,167 shares in the company, valued at approximately $505,836.15. The trade was a 20.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 33.80% of the company’s stock.

Dillard’s Stock Down 1.6 %

Shares of Dillard’s stock opened at $357.07 on Monday. The firm has a market cap of $5.68 billion, a price-to-earnings ratio of 9.19 and a beta of 0.89. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02. Dillard’s, Inc. has a 52-week low of $328.00 and a 52-week high of $510.00. The stock has a 50-day simple moving average of $446.79 and a 200-day simple moving average of $415.91.

Dillard’s (NYSE:DDS) last announced its quarterly earnings results on Tuesday, February 25th. The company reported $13.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.84 by $3.64. The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.49 billion. Dillard’s had a return on equity of 32.13% and a net margin of 9.55%. The firm’s revenue was down 5.0% on a year-over-year basis. During the same period in the previous year, the company earned $15.44 EPS. On average, equities research analysts expect that Dillard’s, Inc. will post 33.25 earnings per share for the current fiscal year.

Dillard’s Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Monday, March 31st will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.00 annualized dividend and a yield of 0.28%. Dillard’s’s dividend payout ratio (DPR) is currently 2.71%.

Wall Street Analyst Weigh In

DDS has been the topic of several research analyst reports. Telsey Advisory Group reaffirmed a “market perform” rating and set a $450.00 target price on shares of Dillard’s in a research note on Wednesday, February 26th. UBS Group lifted their price target on Dillard’s from $200.00 to $202.00 and gave the company a “sell” rating in a report on Friday, February 28th. Finally, StockNews.com upgraded Dillard’s from a “hold” rating to a “buy” rating in a report on Wednesday, March 5th.

Dillard’s Profile

Dillard’s, Inc engages in the retail of fashion apparel, cosmetics, and home furnishings, and other consumer goods. It operates through the Retail Operations and Construction segments. The Retail Operations segment comprises sells cosmetics, ladies’ apparel, ladies’ accessories and lingerie, juniors’ and children’s apparel, men’s apparel and accessories, shoes, and home and furniture products.